A trust officer at the Blacksburg National Bank needs to determine how to invest $100,000 in the following collection of bonds to maximize the annual return.

Answer Submitted by Shahimermaid on Sat, 2012-03-24 04:03teacher rated 389 times 4.316195purchased 9 timesprice: $5.00 the answer is in attached filebody preview (0 words)file1.docx preview (354 words)Creating the xxxxxx xxxxxxxxxxx xxxxx xx xxxxxxxxx xxx problem:xxxxxxxx xxxxxxxxx xxx the xxxxxxx xx money xxxxxx be invested xx each bond.xx x Amount xx xxxxx xx xxxxxx xx xxxx AX2 x xxxxxx of xxxxx xx invest xx Bond xX3 = xxxxxx of xxxxx to invest in xxxx Cxx x Amount of xxxxx to xxxxxx in xxxx xX5 = Amount of money xx invest in Bond EObjective xxxxxxxxxxxxxxxxxx xx xx maximize the xxxxx xxxxxx return.xxxxxxxx f(X1, X2, X3, X4, xxx = xxxxxx + 8%X2 x xxxx x xxxx + xxxxxxxxxxxxxxxxTotal investment:xx + xx + X3 + xx x xx x 100,000.xx xxxxx 50% xx xxx money xxxx to short xxxx xxxxxxxxx + X5 >x 50,000.No more than 50% of xxx money xxxxxx xx to xxxx risk issues:X1 + xx x xx = xxxxxxxxx xxxxx 40% xx xxx total annual xxxxxx should be tax xxxxx9.5%X1 x xxxx x xxxx >x 40%(9.5%X1 x xxxx x xxxx x 9%X4 x xxxxxxxx negativity constraints (all the variables xxxxxx xx nonnegative):X1, X2, xxx- – – more text follows – – -Buy this answerTry it before you buy itCheck plagiarism for $2.00Answer Submitted on Thu, 2012-03-22 22:58teacher rated 389 times 4.316195price: $0.00 your question seems to be incomplete, i have taken from Spreadsheet Modeling & Decision Analysis (Book Only) By Cliff Ragsdale and solved it